How Were Inflation and Unemployment from 1980 to 1989 in Canada

question 35

Multiple Choice

How were inflation and unemployment from 1980 to 1989 in Canada?

• A) Inflation was relatively low, and there were no fluctuations in unemployment.
• B) Inflation was relatively low, and unemployment was high.
• C) Unemployment was relatively low, but there were large fluctuations in inflation.
• D) There were relatively large fluctuations in both unemployment and inflation.

Recognize and evaluate the impact of regulatory forces on industry practices and strategies.

Identify the process and importance of environmental scanning in adapting to market changes.

Differentiate between various environmental forces (social, economic, technological, competitive, and regulatory) affecting marketing strategies.

Analyze the influence of social forces on market trends and strategies.

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Definitions:

Discrimination

The unfair treatment of a person or group on the basis of prejudice.

External Factor

Any event, entity, or condition outside an organization that influences its activities and outcomes.

HR Forecasting

The process of estimating the future human resource needs of an organization by analyzing current conditions and projecting changes in the workforce or employment market.

Competitor's HR Policies

The rules and regulations related to human resources management adopted by competing businesses in the industry.